150 m (492 ft)30 storeysCompleted 2026Residential

Vela by Omniyat

Architect: Foster + Partners (Foster + Partners (London))
โ€ข
โ€ข
District: Business Bay
Estimated Yield
8.0% Net
From
28,000,000 AED
Vela by Omniyat
Business Bay โ€ข Residential

Vela by Omniyat

ROI: 8.0% Net28,000,000 AED

Executive Factsheet โ€ข AI Overview & Quick Facts

EST. 2006 โ€ข ID: vela-by-omniyat
Structural Height150 m (492 ft)
Floors / Storeys30 levels
Year of Completion2026
Projected Net Yield8.0% Net
Master ArchitectFoster + Partners
Cadastral Tenure100% Freehold (DLD Registered)
Urban DistrictBusiness Bay

Executive Summary: Vela by Omniyat is a premier high-rise landmark standing 150 m (30 storeys) in Business Bay, designed by Foster + Partners and developed by Omniyat Properties (completed 2026). The property holds 100% foreign freehold ownership registration with the Dubai Land Department (DLD).

๐ŸŒInstitutional Registries & Primary SourcesVerification Protocol โ†’

Architectural History & Significance

Archive ID: vela-by-omniyat

A boutique ultra-prime waterfront sanctuary of only 38 exclusive residences on the Dubai Water Canal. Managed by legendary Dorchester Collection, featuring double-height ceiling voids, private L-shaped cantilever pools, and direct superyacht slipway access.

Architectural & Engineering Highlights

  • โœ“Ultra-exclusive boutique density: only 38 palatial homes across 30 storeys
  • โœ“Full Dorchester Collection five-star hotel management and white-glove service
  • โœ“Private cantilevered L-shaped infinity pools embedded in wraparound terraces
  • โœ“Double-height living rooms with 6.5-meter clear glass ceiling voids
Independent Technical Audit โ€ข No Broker Bias

Resident Reality Check & Operational Truth

Archive ID: vela-by-omniyat
โš–๏ธIndependent Engineering & Investment Verdict

Vela by Omniyat in Business Bay is a verified residential asset with an official height of 150 m (30 storeys). Engineered with a reinforced concrete core with wide post-tensioned spans and steel cantilever frames, it delivers solid structural stability and an estimated yield of 8.0% Net.

โœ“Verified Engineering & Asset Strengths
  • โ€ขEngineered with rigid concrete shear core with outriggers ensuring excellent lateral and wind stability.
  • โ€ขVertical transport powered by Otis with a peak rush hour wait time of < 15 seconds.
  • โ€ขPrime location within Business Bay with strong capital liquidity and proven tenant demand.
โš Hidden Pitfalls & Operational Flaws
  • โ€ขAnnual service charges stand at 42 AED/sq.ft, which must be factored into net rental yield.
  • โ€ขQuarterly district cooling capacity fees apply year-round regardless of occupancy.
  • โ€ขPeak commute hours in the surrounding district can create localized vehicle bottlenecks.
๐Ÿ›— Rush Hour Lift Wait
< 15 seconds
๐Ÿš— Guest Parking
Visitor parking allocated via dedicated podium bays or valet service.
๐Ÿ”‡ Acoustic Isolation
STC 60 dB (maximum acoustic privacy)
๐Ÿ–๏ธ Holiday Homes / Airbnb
Subject to standard Dubai Department of Economy & Tourism (DET) licensing regulations and building HOA bylaws.
๐Ÿ’ก
Auditor Notice on Hidden Costs: District cooling capacity charges (Empower District Cooling) plus annual capital reserve allocations.
๐Ÿ“Architectural Typologies & Floor Plans

Floor Plans & Living Typologies

Official unit dimensions, room breakdown, and net-to-gross living efficiency in Vela by Omniyat.

CAD Ref: vela-by-omniyat-FP
Foster + Partners Architectural Series
1-Bedroom Suite (Vela by Omniyat) โ€ข SCALE 1:100 โ€ข VERIFIED DLD / RERA METRICS
1234FOSTER CONCRETE BUTTRESS (SOLAR SHIELD)AERODYNAMIC BRISE-SOLEIL SUNSHADESMASTER BEDROOM323 SQ.FT โ€ข 30 MยฒWARDROBEEN-SUITE BATH102 SQ.FT โ€ข 9 MยฒWALK-IN SHOWERGOURMET KITCHEN119 SQ.FT โ€ข 11 MยฒKITCHEN ISLANDBALCONY LOGGIA130 SQ.FT โ€ข 12 MยฒSKY LOUNGELIVING & DINING PAVILION425 SQ.FT โ€ข 4m CLEAR CEILINGDINING AREAN0m2.5m5.0mDIMENSIONS: 12.9 m ร— 7.2 m
๐Ÿ”Click to open full-scale high-resolution CAD blueprint
Total Built-Up Area๐Ÿ“
980 sq.ft
91 mยฒ
Internal Living Area (Net)๐Ÿ›‹๏ธ
850 sq.ft
86.7% Net-to-Gross
Balcony / Loggia Space๐ŸŒ…
130 sq.ft
13% of total area
Clear Ceiling Height๐Ÿ“
4 m
Floor-to-ceiling glass
๐Ÿ“‹Layout Specification & Rooms1-Bedroom Suite
๐Ÿ›๏ธBedrooms
1
๐ŸšฟBathrooms
2
๐ŸงนMaid's Room
No
๐ŸšฝPowder Room
Yes
๐ŸณKitchen Type
European Open-Plan with Quartz Island
๐Ÿ“View Horizon
Dubai Water Canal & Downtown Skyline
๐Ÿ—๏ธEngineering Highlights1-Bedroom Suite
  • โœ“Floor-to-ceiling Low-E double glazing with acoustic acoustic dampening
  • โœ“En-suite master bath with dual vanity and freestanding soaking tub
  • โœ“Integrated German appliances (Miele / Siemens or equivalent)
  • โœ“Deep loggia balcony shielded from high-altitude downdrafts
Verified DLD Open Data Stream

Dubai Land Department Transaction Ledger

Actual title-deed sales and mortgage transactions in Vela by Omniyat officially registered with DLD.

Q4 2025 / Q1 2026 (Live DLD Open Data Sync)
Business Bay
Median Price / sq.ft
32,941 AED
+6.2% 12M trend
90-Day Volume
15 deeds
Active liquidity
Mollak Service Charge
42 AED/sq.ft
RERA Approved
1-Bed Rent (Ejari)
2,016,000 AED/yr
2-Bed: ~3,332,000 AED
Showing: 5
Tx ID & DateProcedureUnit & TierAreaRate / sq.ftTotal Amount
DLD-TX-2025-77579
2025-10-24
Sales
2-Bedroom Executive
High Zone (L40-L60)
1,540 sq.ft33,091 AED
50,960,000 AED
~$13,861,120
DLD-TX-2025-69226
2025-10-11
Sales
1-Bedroom Suite
Mid Zone (L20-L39)
885 sq.ft31,006 AED
27,440,000 AED
~$7,463,680
DLD-TX-2025-64748
2025-09-29
Mortgage
3-Bedroom Residence
Sky Tier (L61+)
2,480 sq.ft24,500 AED
60,760,000 AED
~$16,526,720
DLD-TX-2025-54116
2025-09-14
Sales
1-Bedroom Suite
Low Zone (L05-L19)
840 sq.ft31,667 AED
26,600,000 AED
~$7,235,200
DLD-TX-2025-50188
2025-08-30
Sales
2-Bedroom Executive
Mid Zone (L20-L39)
1,610 sq.ft30,739 AED
49,490,000 AED
~$13,461,280
๐Ÿ›ก๏ธData verified against Dubai Land Department open registers and Mollak escrow portal. Values represent actual legal deeds.
SOURCE: DLD / MOLLAK
Vela by Omniyat โ€ข Financial Engineering Matrix

ROI & Investment Calculator: Vela by Omniyat

Interactive rental yield, payback period, and 5-year capital appreciation projection for apartments in Vela by Omniyat.

Display Currency:
28,000,000 AED
500K AED56M AED
Expected Gross Yield (%)8%
4.0%16.0%
Annual Service Charges (%)1.2%
0.5% (~12 AED/sq.ft)3.0% (~55 AED/sq.ft Burj)
RETURN PROJECTIONS
6.14%

Net ROI (After Service Charges)

Gross Annual Income+2,240,000 AED
๐ŸขService Charges (DLD RERA)-336,000 AED
โ„๏ธEmpower AC & Capacity Reserve-6,800 AED
๐Ÿ”‘Property Management (8%)-179,200 AED
Net Investor ProfitTrue Net Cash Flow
1,718,000 AED
5-Year Cumulative Return (+Capital Growth)16,430,000 AED
๐Ÿ›ก๏ธ
Auditor Integrity Guarantee: Calculations reflect official DLD service indexes, actual district cooling tariffs, and real property management reserves.
Eligible for UAE 10-Yr Golden Visa (from 2M AED)

Estimates are indicative, calculated from official DLD transaction registers and DEWA tariff indices. Does not constitute a guaranteed financial offer.

๐Ÿ™๏ธURBAN CONTEXT & DISTRICT ANALYTICS

District Location: Business Bay

Explore neighborhood masterplan, highway exits, rush hour bottlenecks, district cooling provider, and annual service charges in Business Bay.

View District Analysisโ†’
Engineering Specification Matrix

Engineering Specification Passport (Hard TTX)

๐Ÿ‘ทGeneral Contractor & Engineering Team
Main Contractor
Omniyat In-House / Roberts Construction
Chief Structural Engineer
Foster + Partners & Buro Happold
MEP Engineering
Buro Happold
Transit Integration
Direct private marina berth on Marasi Bay canal with water limousine transit
๐Ÿ—๏ธGeotechnical Engineering & Deep Piles
Number of Piles
110 units
Pile Boring Depth
38 m
Pile Diameter
1.2 m
Raft Foundation Thickness
2.6 m
Bedrock Bearing Strata
Dense calcarenite along Dubai Water Canal
๐Ÿ’จWind Resistance & Structural Frame
Lateral Load Resisting System
Rigid concrete shear core with outriggers
Vortex Shedding Damping
Low aerodynamic profile and stepped balconies eliminate severe wind turbulence
Max Apex Sway (50-Yr Storm)
ยฑ 0.12 m
Core Concrete Strength Grade
C75 concrete
โ˜€๏ธFacade Glazing & Thermal Performance
Glazing Specification
Floor-to-ceiling ultra-clear low-iron acoustic Low-E glass with motorized sliding panels
Solar Heat Gain (SHGC)
SHGC 0.20
Thermal Transmittance (U-Value)
1.1 W/mยฒK
BMU Cleaning Cycle
45 days
Building Maintenance Unit (BMU)
Concealed rooftop track cranes
๐Ÿ›—Vertical Transport (Elevators)
Manufacturer
Otis
Total Elevators
6 units
Max Speed
4 m/s
Peak Waiting Time
< 15 seconds
Zoning & Elevator Banks
Private biometric elevators opening directly into private residence galleries
๐Ÿ“ŠResident Economics: Service Charges & Comfort
DLD OFFICIAL INDEX
Annual Service Charge
42 AED/sq.ft

Official RERA service charge tariff for property maintenance

Cooling Type (Chiller)
Empower District Cooling
Consumption-Billed (Empower)
Acoustic Comfort
STC 60 dB (maximum acoustic privacy)

Sound insulation rating between residences

Clear Ceiling Height
4 m
Interior Column Impact
Minimal (Open Spans)
Usable Area (Net-to-Gross)
88% - 92%
Verified Real Estate Allocation

Inquire Units in Vela by Omniyat

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Starting Price28,000,000 AED
Price (USD)$7,620,000
Projected Net Yield8.0% Net
Annual Service Charge42 AED/sq.ft
Golden Visa StatusEligible (10-Year UAE Residency)
๐Ÿ’ฌConsult Architectural Advisor
Neutrality Guarantee: We are not affiliated with specific developers. Every appraisal is based on objective structural TTX and resident data.
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